Overview
What is Santa Monica Police Officers Association Benefit Trust?
The Santa Monica Police Officers Association Benefit Trust is a nonprofit organization based in Los Angeles, California, specifically at 1200 Wilshire Blvd, 5th Floor. Its primary mission is to support certain retired members of the Santa Monica Police Officers' Association who retired on or after January 1, 1996, by covering a portion or all of their premiums. This nonprofit organization aims to provide financial assistance to these retired individuals, ensuring they maintain coverage and security in their post-retirement phase.
Is Santa Monica Police Officers Association Benefit Trust legitimate?
Santa Monica Police Officers Association Benefit Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Santa Monica Police Officers Association Benefit Trust submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
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What is the mission statement of Santa Monica Police Officers Association Benefit Trust?
The Santa Monica Police Officers Association Benefit Trust's mission is to assist certain retired police officers from the Santa Monica Police Officers' Association who retired on or after January 1, 1996. Specifically, the trust aims to cover a portion or all of their premiums. This philanthropic initiative provides financial support to these retired officers, ensuring they continue to receive essential benefits. The trust's primary goal is to contribute to the well-being of these retired officers, demonstrating a commitment to their long-term welfare and financial stability.
Who is the CEO of Santa Monica Police Officers Association Benefit Trust?
Selene Calderon is the Trustee of Santa Monica Police Officers Association Benefit Trust.
What is the revenue of Santa Monica Police Officers Association Benefit Trust?
Santa Monica Police Officers Association Benefit Trust's revenue in 2022 was $1,858,921.
Who are the executives of Santa Monica Police Officers Association Benefit Trust and what are their salaries?
Here are 7 key members and their salaries:
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Where can I find the form 990 for Santa Monica Police Officers Association Benefit Trust?
Santa Monica Police Officers Association Benefit Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Santa Monica Police Officers Association Benefit Trust
The Santa Monica Police Officers Association Benefit Trust is an organization committed to supporting certain retired members of the Santa Monica Police Officers' Association. Specifically, this nonprofit provides a portion or all of the premiums for these retired individuals who joined the association on or after January 1, 1996. This mission aims to alleviate the financial burden of premiums for these retired police officers, ensuring they can maintain their health coverage during their post-service years. By providing this assistance, the Santa Monica Police Officers Association Benefit Trust contributes to the well-being and security of these dedicated individuals, honoring their service to the community.
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Impact
October, 2024
The Santa Monica Police Officers Association Benefit Trust significantly bolsters the financial security of retired members of the Santa Monica Police Officers' Association who retired on or after January 1, 1996. By covering a portion or all of their insurance premiums, the Trust ensures that these retirees can access essential health care benefits without a substantial financial burden. This support enhances their quality of life in retirement, allowing them to maintain their well-being after years of service to the community. Ultimately, the Trust plays a vital role in reinforcing the commitment to those who have dedicated their careers to public safety, providing peace of mind and fostering a sense of community among retired officers.
This information is meant to be a general summary of Santa Monica Police Officers Association Benefit Trust. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $987,225
- Program Service Revenue: $871,696
- Gross Receipts: $4,569,628
Assets and Liabilities:
- Total Assets: $22,950,320
- Total Liabilities: $270,407
- Net Assets: $22,679,913
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CITY CONTRIBUTIONS
Revenue
$343,180
PARTICIPANT CONTRIBUTIONS
Revenue
$528,516
Organization Details
Founding Year
1996
Phone
(562) 463-5000Principal Officer
Selene Calderon
Main Address
1200 Wilshire Blvd 5th Fl, Los Angeles, CA, 90017
NTEE Category
Code: Y40 - Mutual benefit
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